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H World Group (HTHT) Recently Broke Out Above the 20-Day Moving Average
HTHTHWORLD(HTHT) ZACKS·2024-09-25 14:35

Group 1 - H World Group (HTHT) has reached a key level of support and recently crossed above the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is favored by traders as it smooths out price fluctuations and provides trend reversal signals [1] - HTHT shares have increased by 10.1% over the past four weeks, and the stock is currently rated as Zacks Rank 3 (Hold), suggesting potential for continued gains [3] Group 2 - There have been two upward revisions in HTHT's earnings estimates for the current fiscal year, with no downward revisions, indicating a positive outlook [3] - The consensus earnings estimate for HTHT has also moved up, reinforcing the bullish sentiment among investors [3] - Given the technical indicators and positive earnings revisions, HTHT is positioned for potential further gains in the near future [3]